Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
The closing price of IGC Pharma Inc (AMEX: IGC) was $0.34 for the day, down -5.17% from the previous closing price of $0.36. In other words, the price has decreased by -$5.17 from its previous closing price. On the day, 0.5 million shares were traded. IGC stock price reached its highest trading level at $0.3485 during the session, while it also had its lowest trading level at $0.336.
Ratios:
Our analysis of IGC’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 1.28. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.02.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 25 ’24 when Moran James P bought 588,235 shares for $0.34 per share. The transaction valued at 200,000 led to the insider holds 942,402 shares of the business.
PRINS RICHARD K bought 200,000 shares of IGC for $78,200 on Aug 12 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, IGC now has a Market Capitalization of 28640592 and an Enterprise Value of 28473588. For the stock, the TTM Price-to-Sale (P/S) ratio is 22.55 while its Price-to-Book (P/B) ratio in mrq is 4.36. Its current Enterprise Value per Revenue stands at 22.403 whereas that against EBITDA is -4.17.
Stock Price History:
The Beta on a monthly basis for IGC is 1.48, which has changed by -0.14999998 over the last 52 weeks, in comparison to a change of 0.20277917 over the same period for the S&P500. Over the past 52 weeks, IGC has reached a high of $0.48, while it has fallen to a 52-week low of $0.25. The 50-Day Moving Average of the stock is 2.90%, while the 200-Day Moving Average is calculated to be 2.90%.
Shares Statistics:
IGC traded an average of 2.56M shares per day over the past three months and 1032620 shares per day over the past ten days. A total of 80.88M shares are outstanding, with a floating share count of 57.25M. Insiders hold about 31.76% of the company’s shares, while institutions hold 3.41% stake in the company. Shares short for IGC as of 1752537600 were 3464272 with a Short Ratio of 1.35, compared to 1749772800 on 525944. Therefore, it implies a Short% of Shares Outstanding of 3464272 and a Short% of Float of 6.0.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
